RUSSIAN JOURNAL OF EARTH SCIENCES VOL. 9, ES2004, doi:10.2205/2007ES000274, 2007
[29] As a result, we can see, that the level of integration of the US into the world economy for the last 14 years appeared to be very stable and varied in a range: Ig = (4.30-4.35), whereas Ukraine and Russia, being a transition economies, confidently developed from practically closed to liberal open economy while integrating into the rest of the world. The level of economic globalization of Russia for this period has increased by 310%, and Ukraine - on 640%. In the same period of time United States and Russia have demonstrated a strong position in political weight in the world, which is their heritage since the cold war times. Meanwhile, in social measurement of globalization during last 14 years Ukraine and Russia have showed a poor performance, nevertheless, both countries experienced a slight improvement in the courses of recent years with the first signs of stability and economic growth. United States, though, have always demonstrated significant level of social globalization but in recent years the marginal rate of its social dimension has decreased due to considerable levels of inequality, corruption, threat of terrorism i.e. Finally, according to our study we are able to conclude that overall Ukraine and Russia, being a developing countries, demonstrate a more significant pace of globalization, while United States' pace insensibly slows down along with a number of other advanced states.
Citation: 2007), Risks and gains of globalization for developing countries, Russ. J. Earth Sci., 9, ES2004, doi:10.2205/2007ES000274.
Copyright 2007 by the Russian Journal of Earth Sciences (Powered by TeXWeb (Win32, v.2.0).